Hong Kong panel to consider changing building policies; critics blame archaic codes for inhibiting environmentally friendly designs
Article Abstract:
Hong Kong's legislative council will convene a panel on Jul 23, 1999, to ask the different government departments to justify their building policies. The move is in line with the attempt to dispel criticisms launched by architects, construction companies and developers who blame the archaic building codes of Hong Kong for the environmental problems that the city is plagued with. Architects and developers are hopeful that the government's decision to address their problems will free them up to create more environmentally sound buildings.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Cyberport can't repeat Taiwan's success
Article Abstract:
The Hong Kong government provided land to a private company which is valued at US$777 million to help develop a high-tech industrial park to be called 'Cyberport.' This government initiative not only aims to equal Taiwan's success in its Hsibnchu Science Park but to surpass this and become Asia's high-tech industrial park. A number of analysts, however, are pessimistic of the Hong Kong government's goal mainly because the country does not have enough human capital to make this happen.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Hong Kong's Cyberport faces fresh criticism
Article Abstract:
Hong Kong's high-technology real estate development Cyberport has announced rental prices of U.S. $1.41 - $1.67 per square foot for the first stage, well below market prices and lower than prices stated at the start of the project. Analysts feel that this $2 billion project, which was slated to create a high-tech center in Hong Kong, has turned into a government subsidy for high-tech companies, something the government has always rejected.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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